Section 175: Abatement of annuity
The Succession Act · Federal Acts · Part VI · in_force
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Where an annuity is bequeathed, but the assets of the testator are not sufficient to pay all the legacies given by the will, the annuity shall abate in the same proportion as the other pecuniary legacies given by the will.
Related sections
Section 174: Period of vesting where will directs that annuity be provided out of proceeds of property, or out of property generally, or where money bequeathed to be invested in purchase of annuitySection 176: Where gift of annuity and residuary gift, whole annuity to be first satisfied CHAPTER XXI OF LEGACIES TO CREDITORS AND PORTIONERSSection 173: Annuity created by will payable for life only unless contrary intention appears by willSection 177: Creditor prima facie entitled to legacy as well as debtSection 172: Bequest of interest or produce of fund CHAPTER XX OF BEQUESTS OF ANNUITIESSection 178: Child prima facie entitled to legacy as well as portion
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